shorts should worry only if price manages to close above the 1hr 100sma @200.17 and if it does there is a weekly resistence at 200.54. If we could pass then longs are safe to one of these points: 201.50 w s/r area 201.80 area 50,55 and 60 ema.s ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

These are my home assignments for the week end. At least one of them could mean something after further analysis. just sharing what I see.

james16 Chart Thread

Gbpjpy is hogging the action here, however these are some gu charts.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Rate cut — A good tool that USUALLY works for me when it comes to a rate decision is watching the dow performence. Right now the dow is in minus territory which indicates that at least there is no big rate cut if there is any.

Cable Update (GBPUSD)

[quote=albertotralzt;1827492]IMHO, a retracement to the 1.9700 area is in play, then up to 2.0300 area. Regards[/quote Nice opinion I'm not a regular gu trader but this is a chart.

Cable Update (GBPUSD)

Thank you — Thanks for the response Mike and Bundy . I'll try to play it safe.

james16 Chart Thread

Daily GBPJPY — I'm relatively new to candlesticks and price action though this what I see. Your comments are appreciated.

james16 Chart Thread

This is what i'm looking at. A break or the 4hr trendline, the brown, would trigger buys to the previous high at 640 area. a break of that level would send price to a more significant level which is the daily trendline at 660 area, the blue one. If ...

Cable Update (GBPUSD)

Thanks for the response. Great analysis.

Cable Update (GBPUSD)

By the way Gbpusd has that same potential on weekly if it closes above 530 area.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hi. if you are a fibonacci trader, please tell me what you think about this monthly chart.

Cable Update (GBPUSD)

I surely believe that this is a down trend but the pound has made a nearly 1800 pip trip south without a decent retracement. . Thus I see bullishness at least in the coming weeks. This is out af a technical standpoint. However, fundamentally things ...

Cable Update (GBPUSD)